BRIC Spotlight: Consumer Goods Sector in Russia

BRIC Spotlight Report Consumer goods sector in Russia: Winds of change Russia has long been known as major resource exporter. Justifiably so, as the oil and natural gas sector contributes a lion's share of the country's exports and makes up a majority of its gross domestic product. Yet Russia has never been thought of as a nation of spenders, especially given its past crusades against capitalism. But some interesting statistics and a flurry of recent M&A deals in consumer-oriented sectors in the country would tell a different story. Russia, with a population of 142 million, is the largest consumer market in Central and Eastern Europe. What's more, Moscow pips London as the largest city in Europe. Read more

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Country Profiles
	Russia  Updated Though Russia's GDP growth rate trails the other BRIC economies, the second half of 2010 brought some cheer. The Russian government, realizing the need to improve investor perceptions about doing business in the country, announced a $32-billion privatization of state-run assets beginning in 2011. Read more
Global Players
	Wayne Swan, Deputy Prime Minister and Treasurer, Australia New Australia's Deputy Prime Minister and Federal Treasurer, Wayne Swan, is working on rebuilding the infrastructure and property that has been damaged in the Queensland floods. Read more

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